Starhill Global Real Estate Investment Trust
Starhill Global Real Estate Investment Trust (SES: P40U) is trading at S$0.51, about ₹38 at today's SGD/INR rate, as of 29 Sep 2026, 5:06 AM ET, up 0.99% today. Indian residents can buy Starhill Global Real Estate Investment Trust from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$0.51
Today's high
S$0.51
52 week low
S$0.51
52 week high
S$0.60
P40U opened at S$0.51, closed previously at S$0.51, and has traded between S$0.51 and S$0.60 over the past 52 weeks.
About
Starhill Global REIT, a Singapore-based real estate investment trust, focuses its investments on retail and office properties situated in Singapore and various international markets. Since its initial public offering on the Singapore Exchange Securities Trading Limited (SGX-ST) on September 20, 2005, the trust has substantially expanded its holdings. Its portfolio has grown from stakes in two iconic Orchard Road properties to ten assets distributed across Singapore, Australia, Malaysia, China, and Japan, with a total valuation of approximately S$2.9 billion. These key properties include Singapore's Wisma Atria and Ngee Ann City, Australia's Myer Centre Adelaide, David Jones Building, and Plaza Arcade (in Adelaide and Perth), Kuala Lumpur's The Starhill and Lot 10 in Malaysia, a retail property in Chengdu, China, and two properties in Tokyo, Japan. The REIT maintains a strategic commitment to identifying compelling new property acquisitions globally, while simultaneously enhancing the value of its current portfolio through proactive tenant engagement and creative property upgrades. Starhill Global REIT is overseen by an external manager, YTL Starhill Global REIT Management Limited, which is entirely and indirectly owned by YTL Corporation Berhad.
Key statistics
Avg. volume
1.74M
Market cap
S$1.18B
P/E Ratio
26.02
Price-to-sales ratio
6.10
Enterprise value
S$2.10B
Free cash flow yield
10.46%
Debt-to-equity ratio
0.58
Return on equity
2.56%
ROIC
4.42%
Beta
0.67
Dividend yield
7.22%
Last dividend
S$0.04
Financial overview
Revenue
S$194.29M
Earnings per share
S$0.02
Free cash flow
S$74.97M
Net profit margin
23.17%
Gross margin
70.65%
EBITDA
S$91.48M
Revenue growth
1.14%
Similar securities
This is not an investment recommendation
How to buy Starhill Global Real Estate Investment Trust from India
Indian residents can buy Starhill Global Real Estate Investment Trust shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to SGD.
Search for Starhill Global Real Estate Investment Trust and place an order
Find Starhill Global Real Estate Investment Trust by name or by its ticker, P40U, and choose an order type. Starhill Global Real Estate Investment Trust trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Starhill Global Real Estate Investment Trust position in SGD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Starhill Global Real Estate Investment Trust from India
Trading and taxes when buying Starhill Global Real Estate Investment Trust from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Starhill Global Real Estate Investment Trust’s current yield is 7.22%.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Starhill Global Real Estate Investment Trust stock?
Yes. Starhill Global Real Estate Investment Trust (P40U) has been listed on the Singapore Exchange since 2007, in the REIT - Retail industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to SGD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Starhill Global Real Estate Investment Trust share cost in rupees?
One Starhill Global Real Estate Investment Trust share is S$0.51 — about ₹38 at an SGD/INR rate of 75.05 on 28 Sep 2026. Both the Starhill Global Real Estate Investment Trust price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Starhill Global Real Estate Investment Trust from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Starhill Global Real Estate Investment Trust shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the SGD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Starhill Global Real Estate Investment Trust price. Paasa issues a capital-gains statement for your return.
Does Starhill Global Real Estate Investment Trust pay a dividend, and how is it taxed in India?
Yes. Starhill Global Real Estate Investment Trust pays a dividend and the current yield is 7.22%; the last declared dividend was S$0.04 per share, about ₹2.76. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Starhill Global Real Estate Investment Trust from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on Starhill Global Real Estate Investment Trust shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Starhill Global Real Estate Investment Trust?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Starhill Global Real Estate Investment Trust shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Starhill Global Real Estate Investment Trust holding, its cost and its closing value.
How do I sell Starhill Global Real Estate Investment Trust and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in SGD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.